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20121205
20121213
Search Results 0 to 10 of about 11 (some duplicates have been removed)
cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is hard to tell we know the president and the speaker of the house met privately yesterday and as we mentioned both sides say the lines of communication are open but they are not giving out any details of what was discussed or any readout of the meeting. that may be a good sign. the previous meeting was on camera. this one face-to-face privately at the white house and so perhaps they had a chance to roll up their sleeves and get into some of the tough details in terms of finding a deal on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness
speaker boehner and their aides hold private talks americans wait to see if their tax rate will go up january 1st. for some without a job they risk losing unemployment. kyung lah talks with a woman who has been out of work a year while trying to raise two children. >> reporter: liz calls it a financial freefall. >> i wish i wasn't in this situation but it is what it is, and i could just do what i can. >> reporter: de bats lost her job as a new home sales manager last january. on an old laptop with a broken cord she keeps track, averaging 15 applications a day, at age 54, this is the first time she's ever been on unemployment. she's emptied out her 401(k), her savings and now the last resort, the emergency federal jobless program has department de bats in her town home giving her $450 a week. on december 29th unless the congress acts, the money stops. >> we're not living off the system. it's not a luxury to be on unemployment. it's a means to keep us going. >> reporter: the fear of the fiscal cliff isn't just here in this suburban neighborhood. in the states with the highest unemployme
speaker boehner are going mano e mano in negotiations. >> let's bring in george stephanopoulos. george, i'm going to ask this question until this thing is over. >> we had another week of massive trash-talking, are we closer or further away from getting a deal? >> it's hard to know. but they're not really talking right now. that's what's most incredible. you pointed out that there were speeches all week long. symbolic votes in the senate. lot of brinksmanship. lot of ads on television. less than an hour of actual negotiating. one phone call between john boehner, house peeker and the president. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and then say what they want in return. in terms of spending cuts for those higher tax rates. the republicans say they aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden but with all of these negotiations they sometimes
criticizing him a week ago for running campaign events instead of sitting down and talking to john boehner. he's talking to john boehner now and we're all better off because of it. >> he's still going out and talking to the people with his message. my point is congress will deal with this fiscal mess one way or another. if they get it done, it will be a great accomplishment for everybody. we may get immigration reform since republicans seem to now want immigration reform. i'm not sure what else you can get from congress in this atmosphere. what i worry about obama in the second term is not arrogance and complacency, all that may be true. i wonder what you may get done with congress still in a state of gridlock. >> this is the biggest fear of republicans we cut a deal in the short term on fiscal cliff without any real spending reform or tax reform and won't have enough time or political will to get the real reforms that need to take place and republicans raise taxes and get no spending cuts. >> that's the biggest fear of democrats we don't deal with thi this. >> eugene, we were showing the tape
of president obama and house speaker boehner, all that of course an effort to avoid the nation dropping over the fiscal cliff. in just a few days at the end of the year. in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must inc
to anything. that makes no difference. >> he was 1-6. he was 1-4 if boehner goes from 8-1. >> he wants the corporate cut as a part or overhaul of business taxes as part of the deal. >> yeah. >> which means they're listening to business leaders. >> the parts of a deal -- and so i'm still sticking with december 23rd. >> no, you're back at 20. you went to 30 at one point. >> 10:00 p.m. i think we agree that they are going to look so silly -- >> i was on the show. i remember these things. >> they are going to look so silly if they have the gist of an agreement and have to bring everyone back, members, aides, police, the snack bar workers to vote. we picked up on something else. another reason an incentive -- >> i think snack bar workers better get ready. they're going to come back. >> it also may mean the president doesn't go to hawaii. the president may not go to hawaii -- >> come on. >> oh, stop it right now. >> there's no way. he's got to go to hawaii. it's his home! he was born there whether trump believes it or not. >> majority leader reid says he doesn't believe there will be a deal
to get a deal with the house speaker john boehner over taxes and spending cuts. our chief political analyst gloria borger is here to take a closer look at the agreements, the disagreements, i guess there's more disagreements than agreements. let's step back and see where these two sides stand, gloria. >> let's step back from the cliff here for a minute, wolf. and you'll see that on tax, which is of course the crux of this matter, there's a huge difference between congressional republicans who want to raise $800 billion over ten years from tax increases. and of course the white house that wants to, you know, basically double that. i mean, the white house says, we need to get more revenue from taxes. if you break apart these tax number, take a look, because of course we know, the big issue, the theological issue here, wolf, is raising rates. the white house says let's raise them back to bill clinton's days. and the republicans of course say, no way, let's not raise those rates. here's what's really interesting to me, though. both sides say in the future they want to do the same thing.
the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worri
Search Results 0 to 10 of about 11 (some duplicates have been removed)